Tag: Kakao Games

Kakao Games

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Kakao Games to raise 240 billion won via stock sale

Kakao Games, the game publishing unit of Korean tech giant Kakao, on Wednesday announced that it will sell stock to raise 240 billion won ($160.3 million).

2026.3.25

The developers behind The First Berserker: Khazan, an action role-playing game by Nexon's subsidiary Neople, speak during a press conference held at the Nexon headquarters in Seongnam, Gyeonggi, on March 24. [YONHAP]

Nexon leads as Korean game developers show diverging fortunes in Q1

Nexon, the first Korean game developer to surpass 4 trillion won ($2.86 billion) in annual revenue last year, once again enjoyed its lead into the first quarter of this year, while NCsoft narrowly avoided a loss, continuing its slump.

2025.5.15

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Krafton to become largest shareholder of game developer Neptune for $115M

Game company Krafton is set to become the largest shareholder of game developer Neptune from Kakao Games, which sold off all 39.37 percent of existing shares for 165 billion won ($114.9 million).

2025.4.29

Kakao Games launches 'Odin: Valhalla Rising' MMORPG globally

Gamers around the world will be able to play multiplayer online roleplaying game (MMORPG) “Odin: Valhalla Rising,” starting Tuesday with its official global version launch.

2025.4.29

A poster for Kakao Games' mobile game ROM: Remember of Majesty [KAKAO GAMES]

NCSoft sues Kakao again over alleged mobile game rip-off

The dispute centers on the similarities between NCSoft's Lineage franchise and Kakao Games' upcoming ROM: Remember of Majesty mobile game.

2024.2.23

Kakao Games' first quarter profit tumbles 85 percent due to one-off factor

Kakao Games, the gaming unit of Kakao, said Wednesday its first-quarter net profit tumbled 85 percent due to an account loss from its investment in a local developer. Kakao Games logged a net profit of 4.2 billion won ($3.1 million) on...

2023.5.3

A captured screen from a cinematic trailer of ArcheAge War game [SCREEN CAPTURE]

Kakao Games denies copying NCSoft's Lineage 2M in latest game

Kakao Games denied allegations that it copied NCSoft's famed Lineage 2M game in its latest ArcheAge War game. The announcement Friday comes two days after NCSoft filed a suit against Kakao Games and XL Games, a Kakao Games subsidiary, for alleged...

2023.4.7

Kakao Games CEO Cho Kye-hyun, left, and Beluga's CEO Kim Jong-yoon pose for the photo after forming a research partnership on Wednesday. KAKAO GAMES]

Kakao Games forms partnership with tech startup to create game to diagnose dementia

Kakao Games formed a partnership with tech startup Beluga for research with an aim to create a game that can diagnose and prevent dementia. “We agree with Beluga’s purpose to spread the positive value of games and decided to cooperate with its...

2023.3.30

Kakao Games' upcoming massively multiplayer online roleplaying game (MMORPG) ArcheAge War [KAKAO GAMES]

Kakao Games to release ArcheAge War on March 21

Kakao Games will release its new massively multiplayer online roleplaying game (MMORPG) ArcheAge War on March 21, the publisher said Tuesday. The new MMORPG, which will be available for cross-play on both PC and mobile, is expected to ...

2023.2.28

An image of KakaoTalk messenger app [YONHAP]

KakaoTalk has recovered since October server-farm debacle

Kakao has almost recovered from a server-farm outage that took most of its major offerings offline for a few days in October. Use of KakaoTalk is almost back to where it was a year ago, according to MobileIndex. On Dec. 9, the average ...

2022.12.13